July 2018 saw a landmark event in the UK’s property sector with the first transfer of all Local Land Charge information from Warwick District Council to HM Land Registry.
The data is now held digitally by HM Land Registry meaning that anyone buying property within the district will now be able to apply for their searches online via HM Land Registry. Not only will this simplify and vastly speed up the conveyancing process, but it will reduce costs too. You can now apply online for a formal search for just £15!
The Local Land Charge (LLC) data for a further 26 local authorities is scheduled to be transferred to HM Land Registry later this year with others to follow.
Along with your mortgage application and verification process, the application for searches is probably THE primary factor in slowing down sales with some local authorities taking up to 6 weeks to return a search request. This instant online facility should speed up the entire process and eventually mean that property transactions should be simpler and swifter than ever before.